Projects

The Leopard Project ("LEOPARD")

 

Project Name:
The Leopard Project (“LEOPARD”)
Ownership:

100% Kavango (subject to exercise of option)

Operatorship:
Kavango (subject to exercise of option)
Location:
Zimbabwe
Size:
659 hectares (indicative)
Stage:
Exploration

 

Commodity:
Gold
Target:

Bulk mineable gold deposit

 

Project Details

The Leopard Project comprises two groups of claims, with historical production from two underground mines.

Site One is located within a shear zone to the north of the property that has produced more than 2,000oz grading 3.5g/t gold. Its underground and bulk mining exploration potential is evidenced by:

  • Historic, non-code compliant resource estimates of 200,000oz of gold @ 5.5g/t*
  • Multiple and wide zones in historical drilling
  • Structural geological analysis

*The potential quantity and grade is of a conceptual nature, and as such cannot be used to define a Mineral Resource under the JORC Code. It is uncertain if further exploration will result in the determination of a Mineral Resource.

Site Two is located adjacent to and on the same geological structure as a mine reported to have produced more than 1Mz at an average grade of >0.5g/t gold. It has not been subject to exploration since the 1930s. Its modern-day underground and bulk mining potential is underpinned by historical reports of splays and parallel zones of mineralisation, which could provide additional discoveries.

Next Steps

Kavango believes Leopard has the potential to host a bulk mineable gold deposit. The Company will assess the discovery potential of both Site One and Site Two through mapping and sampling, and by twinning historic resource holes.

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